bond prices just recently broke their downtrend they are in since dept limit irritations came up. That means money is just flowing back into bonds again and this could be bottom.
there has been lots of price irritation around dept limit discussions, its about time for price to trade back into its market-made channel
6M and 1y bond yields will decline from here, as current 5,25 % interest have been successfully priced in. rate cuts from 2024 on seem to be the common expectation markets will price in from here. Of a further rate hike is no talk at the moment. Inflation /core pce price is already down significantly at 4.3% and falling. Means bond prices rise from here. Dollar...
correlation between bonds and stocks will from now on tend to be negative again, whereas it has been more positive over the past 2 years.
what a beautiful double top. all relevant information highlited in the chart.
S&P running out of steam, latest "trendbreak" was weak and steamless, price also stopped at horizontal resistance, there is now a high probability of a good move down here.
stocks broke their downward channel they are consolidating in since the burst of the corona bubble. price is retesting this channel currently. price is also right at a strong horizontal support. I am expecting a huge move from here. this could be the bottom of our new sideways channel we weill see for the upcoming years.
we are above that trendline again. there is so much open room to the upside. big pa incoming.
best bond yields are yet to come. Dollar remains bullish. Combined with a technical analysis this gives me a nice setup.
usdcad will reach new highs in january. usdcad is ranging at a strong trend support right now and yet not quite finsihed with its current move up. This move will be supported by a strong move in the dxy which is about to unfold right now.
the bullish momentum in dxy/ bearish momentum in eur slowed down significantly most recently, this probably correlates with "an end in sight" of the FEDs interest rate hikes. nevertheless there are more hikes to come and we havent seen US10y yield ranging around common interest rate targets around 5%. the countermovement in dxy, the bullish break of eu's...
Dollar is bearish. It looks a lot like the dollar is leaving its bigger uptrend its moving in since early this year. I highlited the potential trend lines and significant price marks i will keep an eye on in this scenario. This downbreak move would come along with a bullish EUR and bullish stocks.
eu hit its upper trend resistances recently and runs out of steam after a substantial - and enduring for quite some time now - breakout. it is about time that eu trades back to least trend supports of its newly built uptrend. we will then see if and how eu confirms thats new uptrend or moves down further with its previous momentum it has strongly been in over the...
its time for a breakout to the upside for euro vs dollar , with gu already leading this move and a super long dollar bullride that yet is begging for correction. I am expecting a break to the upside here. eu tried and failed a break of its current trend three times past 2 months. We are seeing another attempt right now with eu trading at the upper resistance of...
with analyzing eurusd recently, these are my usd battlelines for a bearish usd scenario thats counteracting the recent outbreak in eurusd.
Key Findings: Euro uptrend is still probable and could starthere. - Euro had a massive over night breakdown due to a russian invasion of ukraine, technically a single news event, if we consider this event as not market driving we would still expect an eu uptrend establishing over the upcoming month.